Question: Problem 1 2 - 1 9 ( Static ) Quality Cost Report [ LO 1 2 - 2 ] In response to intense foreign competition,

Problem 12-19(Static) Quality Cost Report [LO12-2]
In response to intense foreign competition, Florex Company has taken steps to improve the quality of its products. A summary of its quality costs (in thousands) over the past two years is given below:
\table[[,Costs (in thousands)],[,Last Year,This Year],[Inspection,$750,$900],[Quality engineering,$420,$570],[Depreciation of test equipment,$210,$240],[Rework labor,$1,050,$1,500],[Statistical process control,$90,$180],[Cost of field servicing,$1,200,$900],[Supplies used in testing,$30,$60],[Systems development,$480,$750],[Warranty repairs,$3,600,$1,050],[Net cost of scrap,$630,$1,125],[Product testing,$810,$1,200],[Product recalls,$2,100,$750],[Disposal of production defects,$720,$975]]
Sales have been flat over the past few years, at $75,000,000 per year.
Required:
Prepare a quality cost report for this year and last year.
Note: Enter amount values in thousands. Round your percentage answers to 2 decimal places (i.e 0.1234 should be entered as 12.34).
\table[[Florex Company],[Quality Cost Report],[,Last Year,This Year],[,\table[[Amount (in],[thousands)]],\table[[Percent of],[Sales]],\table[[Amount (in],[thousands)]],\table[[Percent of],[Sales]]],[Prevention costs:],[Quality engineering,,,,],[Statistical process control,,,,],[Systems development,,,,],[Total prevention costs,0,0.00,0,0.00],[Appraisal costs],[Inspection,,,,],[Depreciation of test equipment,,,,],[Supplies used in testing,,,,],[Product testing,,,,],[Total appraisal costs,0,0.00,0,0.00],[Internal failure costs:],[Rework labor,,,,],[Net cost of scrap,,,,],[Disposal of production defects,,,,],[Total internal failure costs,0,0.00,0,0.00],[External failure costs:],[Cost of field servicing,,,,],[Warranty repairs,,,,],[Product recalls,,,,],[Total external failure costs,0,0.00,0,0.00],[Total quality cost,,,,]]
 Problem 12-19(Static) Quality Cost Report [LO12-2] In response to intense foreign

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